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Elgin Fastener Group, LLC Master Savings and Profit Sharing Plan
Elgin Fastener Group, LLC, Versailles IN. Employer ID 271527683, plan number 001. Annual reports on file for 2014 to 2024.
Where the money went
Plans that moved money into this one:
- 2014: money from Elgin Fastener Group, LLC Master Savings and Profit Sharing Plan moved in.
- 2016: money from Holbrook Mfg., Inc. Employees Savings Trust moved in.
- 2016: money from Telefast Industries, Inc. 401(k) Profit Sharing Plan Trust moved in.
- Filed 2014-2024Elgin Fastener Group, LLC Master Savings and Profit Sharing Plan, Elgin Fastener Group, LLC
- 2024Assets transferred to Mw Industries, Inc. Consolidated Employer Retirement Savings Plan
- TodayMw Industries, Inc. Consolidated Employer Retirement Savings Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.
Records are kept by Fidelity Investments Institutional, per the 2024 filing.
Left in 2018, 2023? Worth asking about employer money
- In plan year 2018, active participants fell from 585 to 459 (22%), and 91 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
- In plan year 2023, active participants fell from 437 to 346 (21%), and 65 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2022: The plan reported that it didn't pay some benefits on time.
- 2024: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2024: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2014 | 409 | 45 | Filing |
| 2015 | 658 | 61 | Filing |
| 2016 | 736 | 99 | Filing |
| 2017 | 713 | 120 | Filing |
| 2018 | 580 | 120 | Filing |
| 2019 | 504 | 104 | Filing |
| 2020 | 562 | 142 | Filing |
| 2021 | 603 | 164 | Filing |
| 2022 | 569 | 128 | Filing |
| 2023 | 484 | 132 | Filing |
| 2024 | 0 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.